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Bitcoin Is Now Worth $15,000 USD

Just a week after Bitcoin's value shot up to $10,000 USD, the cryptocurrency has already skyrocketed up by $5,000 USD to over $15,000 USD per coin. This is a shocking change since the beginning of 2017, when it was estimated at a mere $800 USD.

Since September, Bitcoin has ballooned in value by over $7,000 USD. Skeptics are cautiously predicting that the volatile cryptocurrency's bubble will burst, and a short is expected. Indeed, just after reaching the $15,000 USD mark, Bitcoin's value stumbled and fell back down by $200 USD. Conservative speculators also point to the incredible energy costs necessary to continue harvesting Bitcoin, which requires as much annual energy as the entire country of Denmark.